Most people lost all their money due to the stock market crash of 1929.
On October 29, 1929, the stock market crashed. This is the beginning of the Great Depression. Nobody really knew what was in store for them. People started loosing their jobs right and left and they didn't know what to do or where to turn. Unemployment rose 25%. Homes got foreclosed, which left people on the streets begging for money. People couldn't pay for food, heating, or anything that we take for granted. This is a time of distress.
On October 29, 1929, the stock market crashed. This is the beginning of the Great Depression. Nobody really knew what was in store for them. People started loosing their jobs right and left and they didn't know what to do or where to turn. Unemployment rose 25%. Homes got foreclosed, which left people on the streets begging for money. People couldn't pay for food, heating, or anything that we take for granted. This is a time of distress.
Dust Bowl